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Colarado

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on August 31, 2020.

For more up-to-date information on the relief programs available in Colorado, we recommend that you visit Governor Polis’s COVID Dashboard, the Choose Colorado COVID-19 Business Resource Center or Philanthropy Colorado’s COVID-19 Relief Funds in Colorado.

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Description of Program and Relief

Gap Funding Support for Small Businesses

Energize Colorado, a nonprofit dedicated to helping Coloradans recover and rise from the COVID-19 pandemic, offers a Gap Fund of more than $25 million to provide both small business loans and grants. Sole proprietors, businesses, and nonprofits with less than 25 full-time employees may apply here for up to a $15,000 grant and a $20,000 loan for a possible combined total of $35,000 in financial assistance.

Application and program information is available on Energize Colorado’s website.

Government or Lead Agency

Colorado Department of Public Health and Environment

Dates Available

Ongoing

Eligibility Requirements/Restrictions

Sole proprietors, businesses, and nonprofits with less than 25 full-time employees are eligible to apply. Preference will be given to small businesses: (1) majority-owned by minorities, women, or veterans; (2) located in a rural area; or those that (3) that have not been successful in pursuing and/or receiving funds from federal programs.

Application Deadlines (If Applicable)

There are no application cut-off dates, but applicants are encouraged to apply as soon as possible due to limited availability of funds.

Contact for More Information

Call Energize Colorado at 1-800-471-0628 or email gapfundsupport@energizecolorado.com.

List of Additional Information

Energize Colorado Frequently Asked Questions: available here.


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

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